10/18/07
Marketplace AM for October 18, 2007
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Chile has trouble with a lot of money
Thanks to careful frugality and skyrocketing copper prices, Chile will have $20 billion saved up. But some Chileans want the government to spend more. Dan Grech reports.
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British Airways spreads its wings
There's competition in the air at London's Heathrow airport, and British Airways is responding to new international partnerships with merger ideas of its own. Scott Jagow talks to David Robertson of the Times of London.
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Kids' cold medicine under scrutiny
The FDA is meeting with an advisory panel about problems with children's cold medicines. Some companies have pulled products off the shelves, but that only amounts to a small fraction of the market. Jeff Tyler reports.
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Modernization doesn't happen in a day
Rome's second film festival opens today and brings a bit of Hollywood glamour to the ancient city. Rome correspondent Megan Williams tells Doug Krizner the event is the first in decades to bring in modern culture.
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Homeowners brace for subprime leap
About 2 million subprime loans set up with teaser rates will expire over the next 18 months, leaving homeowners with much higher mortgage payments. But finding a better loan deal to prepare for the jump isn't easy. Mhari Saito reports.
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Mining law might go modern
U.S. mining law has gone unchanged for more than a century, and large corporations have taken advantage of the free pass given to the original miners of the Western frontier. But Sam Eaton tells us that could soon change.
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Wall Street wasn't banking on profits
Several banks are reporting profits this week, and despite analysts' grim expectations, they're not doing so badly. But that doesn't mean there may not be trouble ahead. Jill Barshay reports.
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Will Social Security explode?
The first of 76 million baby boomers filed for Social Security this week. But economics correspondent Chris Farrell says there's no need to worry about a system overload. He talks to Scott Jagow.
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Unions unmoved by Sarkozy's reforms
Only a small fraction of trains in France are running as workers strike against President Sarkozy's reforms. Eleanor Beardsley looks into whether Sarkozy will win his first battle with the unions.
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